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News Corp. publishing profits down by nearly half after phone-hacking scandal
Home to titles including the Times, Sun and Wall Street Journal hit by $67m charge relating to phone-hacking scandal. Profits almost halved at News Corporation’s publishing division, home to titles including the Times, Sun and Wall Street Journal, in the three months to the end of September, during which the…
Murdoch aims to buy the Los Angeles Times and Chicago Tribune
Two US newspapers, the Los Angeles Times and the Chicago Tribune, are reporting that Rupert Murdoch’s News Corporation is gearing up to acquire them. The titles are currently owned by the debt-laden Tribune Company, which is likely to end up in the hands of two investment firms and a bank…
Royal family files complaint over naked Prince Harry photos
The British royal family will not formally complain to a press watchdog over the publication of nude photos of Prince Harry by Rupert Murdoch’s The Sun newspaper, officials said on Friday. Harry’s office at St James’ Palace said lodging a complaint with the Press Complaints Commission (PCC) would be a…
Judge sets Murdoch’s ‘News of the World’ phone-hacking trial for September 2013
The first trial stemming from the phone-hacking scandal at Rupert Murdoch’s now-defunct News of the World tabloid is to begin in September 2013, a judge ruled on Wednesday. Judge Adrian Fulford made the ruling after several defendants including former News of the World editors Rebekah Brooks and Andy Coulson appeared…
News Corp. names new technology chief
News Corp announced Tuesday it has named Paul Cheesbrough as chief technology officer, developing the digital strategy for the media-entertainment giant headed by Rupert Murdoch. Cheesbrough has been chief information officer for News International, where he led technology strategy and delivery, for digital products. He previously worked at the Telegraph…
Rupert Murdoch’s daughter calls on media to put morality over profits
LONDON — Elisabeth Murdoch, daughter of Australian-born tycoon Rupert, urged the media to concentrate on morals as well as profit during a speech to television executives in Scotland on Thursday. Giving the MacTaggart lecture at the Edinburgh International Television Festival, Murdoch said News Corp — her father’s company — had…
News Corporation digital chief to step aside ahead of split
WASHINGTON — News Corp said Thursday that Jonathan Miller, head of digital operations for Rupert Murdoch’s media-entertainment conglomerate, would step aside as the group prepares for its split. Miller, who became chief digital officer in 2009, will leave his post at the end of September “as the company moves towards…
News Corporation begins anti-corruption review
Rupert Murdoch‘s News Corporation has launched a review of anti-corruption controls in several of its publishing arms, including News International in London. Murdoch told News Corp staff in a memo on Wednesday that the company recently launched the probe as a “forward-looking review” to improve compliance with bribery laws. The media tycoon told staff…
Scandal-hit News Corp posts big loss
Rupert Murdoch’s embattled media giant News Corp posted a net loss of $1.51 billion in its fiscal fourth quarter Wednesday, as the firm prepared for a major restructuring. The company’s bottom line was hit by a $2.85 billion charge apparently related to a plan to split its entertainment division from…
British police charge former News of the World editor with hacking
LONDON — British police on Thursday formally charged former tabloid editor Rebekah Brooks with phone hacking in a long-running press scandal which has struck at the heart of the country’s institutions. Police last week charged Prime Minister David Cameron’s ex-media chief Andy Coulson and six other current or former employees…
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